STRATEGIC INTENTThe concept of strategic intent makes clear WHAT AN ORGANISATION . Hamed and Prahalad coined the term strategic intent. A few aspects about strategic intent are as follows: It is an obsession with an organization. This obsession may even be out of proportion to their resources and capabilities
VISIONKotter “description of something (an organization, corporate culture, a business, atechnology, an activity) in the future. The definition itself is comprehensive and statesclearly the futuristic position.Miller and Dess defined vision as the “category of intentions that are broad, allinclusive and forward thinking”
A few important aspects regarding vision are as follows• l It is more of a dream than articulated idea.• l It is an aspiration of organization. Organization has to strive and exert to achieve it.• l It is powerful motivator to action.• Vision articulates the position of an organization which it may attain in distant future.
Envisioning Strategic Framework• This is the process of creating vision. It is a difficult and complex task. A wel conceived vision must have:• Core Ideology• Envisioned Future• Core Ideology will remain unchanged. It has the enduring character. It consists of• core values and core purpose. Core values are essential tenets of an organization. Core purpose is related to the reasoning of the existence of an organization.• Envisioned Future will basically deal with following:• The long term objectives of the organization.• Clear description of articulated future
Advantages of having a Vision• They foster experimentation.• Vision promotes long term thinking.• Visions foster risk taking.• They can be used for the benefit of people.• They make organizations competitive, original and unique.• Good vision represent integrity.• They are inspiring and motivating to people working in an organization.
MissionThompson states mission as the “ essential purpose of the organization, concerning Strategic Framework particularly why it is in existence, the nature of the business it is in, and the customers it seeks to serve and satisfy
Nature• l It gives social reasoning. It specifies the role which the organization plays in society. It is the basic reason for existence.• l It is philosophical and visionary and relates to top management values. It has long term perspective.• l It legitimises societal existence.• l It has stylistic objectives. It reflects corporate philosophy, identity, character and image of organization.
Characteristics of mission statementsi) A mission statement should be realistic and achievable. Impossible statements do not motivate people. Aims should be developed in such a way so that may become feasible.ii) It should neither be too broad nor be too narrow. If it is broad, it will become meaningless. A narrower mission statement restricts the activities of organization. The mission statement should be precise.iii) A mission statement should not be ambiguous. It must be clear for action.Highly philosophical statements do not give clarity.iv) A mission statement should be distinct. If it is not distinct, it will not have any impact. Copied mission statements do not create any impression.
Characteristics• v) It should have societal linkage. Linking the organization to society will build long term perspective in a better way.• vi) It should not be static. To cope up with ever changing environment, dynamic aspects be looked into.• vii) It should be motivating for members of the organization and of society. The employees of the organization may enthuse themselves with mission statement.• viii) The mission statement should indicate the process of accomplishing objectives.• The clues to achieve the mission will be guiding force
Mission statements• Hero Cycles- its our mission to strive for a synergy between technology, systems and human resources to produce products and services that meet the quality standards, performance and price aspirations of society.
• Administrative staff college of India – College of practicing managers•